Growth in Investments in Autonomous Vehicles Expected to Drive Us Vehicle Finance Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Vehicle financing refers to the range of financial products available which allows people to acquire a vehicle with any arrangement other than a full-cash distinct lump payment. It is also known as auto finance or car finance. It is widely used both by members of the businesses and public. All members have two financing options: direct lending and dealership financing. In direct lending, the consumer gets a loan directly from lender, which may be a bank, credit union or finance company. An extensive range of finance products are available in the vehicle loan categories. According to study, “US Vehicle Finance Market Outlook to 2023 –By Banks and Non Bank Entities including Captives and Credit Unions and Finance Companies (Auto Loan Portfolio), By New and Used Vehicles, By Type of Vehicle Financed (Passenger Cars and Light Trucks), By Loan Time Period and By Risk Category” the key companies operating in the US vehicle finance market are Toyota Motor Credit Corporation, Nissan Motor Acceptance Corporation, Ford Motor Credit, American Honda Motor Corporation, GM Financial, Pentagon Federal Credit Union, Ally Financial, Credit Acceptance, Bank of America, Santander Consumer USA, Chase Auto Finance, Wells Fargo, Capital One. Key vendors are emphasizing on offering special correspondences coupled with funding for insurance & services, especially in rental sector. Vendors are also focusing on business customers for instance transportation start-ups and car rental companies with customized products for B2B segment is expected to boost industry growth. Based on service type, vehicle finance market is segmented into used vehicle and new vehicle. Based on purpose type, market is segmented into lease and loan. Based on vehicle type, market is segmented into light trucks and passenger cars. Based on lender category, market is segmented into credit unions, banks, private finance companies and captives & Buy Here Pay Here (BHPH). Banks hold major share in the market due to their reliable lending reputation & digital lending platforms. Based on risk category between new and used vehicles, market is segmented into super prime, prime, non-prime, subprime and deep sub-prime. Based on loan venture, market is segmented into less than 3 years, three years, four years, five years, six years and seven years & more. In addition, based on industry vertical, market is segmented into commercial use, residential use, government use and others. The vehicle finance market is driven by rise in adoption of e-commerce business platform, followed by increase in demand for electric vehicle (EV) & autonomous vehicle, rise in consumer aspiration for car ownership, decrease in unemployment rate, rise in cab service financing, increase in number of innovative ways, growth in investments in autonomous vehicles, increase in per capita income levels and rise in sales of vehicles. However, instable vehicle sales, increase in debts from various borrowers, rise in loan default rates, and a pullback on loan issues lead by banks may impact the market. Moreover, rise in use of certified pre-owned car sales is a key opportunity for market. It is anticipated that the US vehicle finance market will be reached at rapid pace owing to rise in vehicle replacement rates over the forecast period. It is expected that future of the market will be bright due to rise in adoption of effective risk management strategies by vehicle financiers and increase in trend of digital underwriting. Key Segments Covered:- By New and Used Vehicle New Vehicle Used Vehicle By Type Vehicle Passenger Cars Light Trucks By Lender Category Banks Captives and BHPH Credit Unions Private Finance Companies By Risk Category between New and Used Vehicles Super Prime Prime Non-prime Sub-prime Deep Sub-rime By Loan Tenure between New and Pre-Owned Motor Vehicles Less than 3 Years Three Years Four Years Five Years Six Years Seven Years or more Key Target Audience:- Existing Auto Finance Companies Banks Captive Finance Companies Credit Unions Private Finance Companies New Market Entrants Government Organizations Investors Automobile Associations Automobile OEMs Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2018-2023 Key Companies Covered:- Banks Ally Financial Wells Fargo Bank of America Chase Auto Finance Capital One Captives, Credit Unions and Finance Companies Toyota Motor Credit Corporation Ford Motor Credit Nissan Motor Acceptance Corporation GM Financial American Honda Motor Corporation Credit Acceptance Santander Consumer USA Pentagon Federal Credit Union For more information on the research report, refer to below link:- US Vehicle Finance Market Related Reports:- Vietnam Auto Finance Market Outlook to 2023 – by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Commercial) Philippines Auto Finance Market Outlook To 2023 – By Banks And NBFCs Including Captive Units (Auto Loan Portfolio And Motor Cycle Loan Portfolio), By New And Used Motor Vehicles, By Motor Vehicle Financed (Passenger And Commercial Vehicles), By Loan Time Period. Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Post Views: 2 Tags: Ally Financial Vehicle Finance Market Size, American Honda Motor Corporation Vehicle Finance Market Shares, Auto Credit Express Auto Lead generation Company US, Auto Leasing Market US, Auto Loan Disbursed US, Auto Loan Outstanding US, Average Car Loan Amount In US, Average Loan Amount For New Vehicle Finance In USD, Average Loan Amount For Used Vehicle Finance In USD, Bank of America Vehicle Finance Market Revenue, Banks Market Share Auto Loan US, BlueSky Auto Lead generation Company US, Capital One Vehicle Finance Market Revenue, Captive Finance Companies Market Share Auto Loan, Captive Finance Companies US, Captives BHPH US Vehicle Finance Market, Chase Auto Finance Vehicle Finance Market, Credit Acceptance Corporation Vehicle Finance Market Size, Credit Disbursed Auto Finance Market US, Credit Union Direct Lending Auto Loan Aggregators US, Credit Unions US Vehicle Finance Market, CyberLead Competition Auto Loan US, DealerTrack Auto Loan Aggregators US, Digitization of Vehicle Finance US, Finance Express Auto Loan Aggregators US, Ford Motor Credit Corporation Vehicle Finance Market Shares, GM Financial Vehicle Finance Market Revenue, Industry Research Report Of US Vehicle Finance, LendingTree Auto Loan Aggregators US, Light Truck Finance Market US, Marché américain de l'automobile, Marché américain du financement automobile, Marché américain du financement des véhicules, Marché du financement de véhicules neufs, Marché du financement des véhicules d'occasion US, Market Research Report Of US Vehicle Finance, Montant moyen du prêt auto aux États-Unis, New Vehicle Finance Market US, Nissan Motor Acceptance Corporation Vehicle Finance Market Size, Nombre de voitures financées aux États-Unis, Number of Cars Financed In US, Number of New Vehicles Financed in US, Number of Passenger Cars Financed US, Online Auto Lending Market US, Passenger Car Finance Market US, Passenger Cars Loan US, Passenger Vehicle Finance Market US, Pentagon Federal Credit Union Vehicle Finance Market Shares, RouteOne Auto Loan Aggregators US, Sales of Light Vehicle in Million US, Santander Consumer USA Vehicle Finance Market Size, Statistiques du marché américain des prêts auto 2018, Taille du marché du prêt auto américain, Toyota Motor Credit Corporation Vehicle Finance Market Shares, United States Car Finance Market, United States Vehicle Finance Market, US Auto Finance Industry, US Auto Finance Market, US Auto Finance Risk Category, US Auto Loan Industry Analysis, US Auto Loan Market Size, US Auto Loan Market Statistics 2018, US Auto Loan Outstanding, US Car Finance Industry, US Car Finance Lender Category, US Car Finance Market, US Light Truck Finance Market Shares, US New Vehicle Finance By Loan Tenure, US Used Vehicle Finance By Loan Tenure, US Vehicle Finance By Private Finance Companies, US Vehicle Finance Competition, US Vehicle Finance Credit Disbursed, US Vehicle Finance Industry, US Vehicle Finance Industry Research Report, US Vehicle Finance Market, US Vehicle Finance Market Analysis, US Vehicle Finance Market Challenges, US Vehicle Finance Market Competition, US Vehicle Finance Market Forecast, US Vehicle Finance Market Growth, US Vehicle Finance Market Institutions, US Vehicle Finance Market Lease Volume in Million, US Vehicle Finance Market Major Players, US Vehicle Finance Market Opportunities, US Vehicle Finance Market Research Report, US Vehicle Finance Market Revenue, US Vehicle Finance Market Shares, US Vehicle Finance Market Size, US Vehicle Finance Market Size by Loans Disbursed in USD Billion, US Vehicle Finance Market Trends, Used Vehicle Finance Market US, Vehicle Finance Industry In US, Vehicle Finance Market In US, Wells Fargo Vehicle Finance Market Shares